The acquisition gives Rio Tinto control of a major undeveloped Cape York resource as it expands its existing Weipa operations and advances new mining areas. Rio Tinto is expanding its Cape York bauxite portfolio by acquiring the Aurukun bauxite project from Glencore and Mitsubishi, adding a...
Metro Mining's Bauxite Hills operation delivered record quarterly production as lower unit costs and a broader customer base strengthen its growth profile. Metro Mining is building momentum at its Bauxite Hills bauxite mine in Queensland, with record quarterly output, lower unit costs and improving...
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Guinean President Alpha Conde has officially inaugurated the Bel Air mine in Guinea, Alufer Mining Limited announced through a press release. The Minister of Mines, members of Parliament, Ambassadors from the UK and US and local dignitaries were present during the inauguration. The president...
Wirtgen, a German company in the field of road and mine machinery says its surface miners are helping bauxite producers in Guinea to explore the country’s high quality bauxite reserves. 25 of its machines are now in operation in the West Africa country. Wirtgen supplies surface miners for the...
Hindalco Industries has moved the Bombay high court against a Maharashtra State Pollution Control Board (MSPCB) order directing it to shut down its bauxite mine at Dhangarwadi in Kolhapur district for alleged violation of Air (Prevention and Control of Pollution) Act. On November 29, the court...
AlCircle has launched a brief Region Focus Report – “ Guinea and Sierra Leone; Two Growing Investment Hubs in West Africa” into its 2018 Report portfolio. Africa has more than its fair share of small poor economies because of fragmentation that it inherited from European colonizers. It has become a...
Freight rates to carry a 59,000 tonnes bauxite cargo from Kamsar, Guinea to San Ciprian, Spain on a Panamax-size vessel recorded a plunge to a 21-week low of US$ 10 per tonne amidst over-tonnage in the West African region, as reported on November 29. According to S&P Global Platts data, the freight...
Parliament, on Wednesday, 5 December 2018 approved the US$2 billion bauxite barter deal between the government of Ghana and China’s Sinohydro Corporation Limited, according to news reported by Ghana Web. Under the deal Sinohydro would fund the infrastructure projects in Ghana, including roads,...
The Bombay High Court on Thursday, December 5, granted an interim stay on an order to close Hindalco Industries Limited’s bauxite mine near Kolhapur in Maharashtra. “…we are inclined to grant ad-interim relief to the petitioner (Hindalco) as the petitioner’s unit at Dhangarwadi is directed to be...
Australian Bauxite Limited (ABx) announced that its wholly-owned subsidiary ALCORE Limited completed the construction of stage 1 aluminium fluoride lab and acquired the necessary equipment to produce test samples. Per the firm, both the tasks reached ahead of schedule and under the budget. The...
According to news published by Reuters, Indonesian state miner PT Aneka Tambang Tbk (Antam) is aiming to export 2.8 million tonnes of bauxite in 2019, more than triple the estimated 850,000 tonnes in shipments for 2018, Chief Executive Arie Prabowo Ariotedjo told reporters. Ariotedjo said the...
Rio Tinto has loaded first shipment of bauxite from its US$1.9 billion Amrun project in Queensland, six weeks ahead of schedule. More than 80,000 tonnes of bauxite are expected to arrive at Rio Tinto’s Yarwun alumina refinery in Gladstone next week. Rio Tinto Aluminium chief executive Alf Barrios...
According to a media update, the Geological Survey of India (GSI) will provide geological reports of 18 mineral blocks to the government in December and 13 more mine blocks by the end of 2019. This is confirmed by an official from GSI. The government has plans to auction more than 100 mineral...
According to a Platts report, freight rates to carry 59,000 million tonnes of bauxite cargo from Kamsar port in Guinea to San Ciprian in Spain on a Panamax-size vessel have dropped to a 21-week low of US$10 per tonne amid over-tonnage in the West African region. The freight rate hit an all-time...
Pangaea Logistics Solutions Ltd., a global provider of comprehensive maritime logistics solutions, announced that it has extended its freight partnership with Noranda Bauxite and Alumina. Pangaea expects to move over 40 million tonnes of bauxite from Jamaica to Gramercy through to the end of 2031....
A privately-owned bauxite company Sarmin Bauxite Limited has reportedly announced the completion of an independent Mineral Resource Estimate (MRE) on its own bauxite exploration license (Lelouma Licence) located in the Republic of Guinea, West Africa. The MRE is estimated and prepared by SRK...
According to a statement made by Saudi Arabia’s Energy Minister Khalid al-Falih on Monday during a mining conference in Cairo, the kingdom aims to raise its mining revenues to US$64 billion by 2030 from current US$17 billion.The kingdom has vast untapped reserves of bauxite, phosphate, gold, copper...
According to an update by Shanghai Metals Market, Guinea-based bauxite producer Societe Miniere de Boke (SMB) plans to spend US$ 1.2 billion to build a railway track that will link its bauxite mining business with Dapilon port. The news came after the Guinea’s government spokesman Aboubacar Sylla...
Bauxite mining workers in Raipur have reportedly refused to work as a form of protest demanding full wages and alleging that the contractor appointed by Chhattisgarh Mineral Development Corporation (CMDC) was treating them unfairly and giving insufficient money. The protesting miners from the...
Government-owned Jawaharlal Nehru Port Trust (JNPT), Adani Ports and Veritas India along with asset reconstruction company UV ARC have put in bids for the bankrupt Dighi Port, which was developed by IL&FS and Balaji Infra Projects. They submitted the bid to the committee of creditors in Mumbai on...
